Method and electronic device for providing wireless communication

An electronic device includes a housing; at least one communication circuit positioned inside the housing, wherein the at least one communication circuit is configured to provide a first wireless communication based on a first protocol, and/or a second wireless communication based on a second protocol, a sensor configured to detect a distance between a portion of the electronic device and an external object, a control circuit configured to cause the communication circuit to provide the first wireless communication at a first power level when the distance is within a first range, and at a second power level when the distance is outside the first range, and cause the communication circuit to provide the second wireless communication at a third power level when the distance is within a second range, and at a fourth power level when the distance is outside the second range, wherein the second range is different from the first range.